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20 Dollar UNC Zimbabwe Currency Banknote (2020) - Current Zim RTGS Dollar, Bond

$ 3.69

Availability: 68 in stock
  • Modified Item: No
  • Grade: Ungraded
  • Country/Region of Manufacture: Zimbabwe
  • Denomination: Z
  • Certification: Uncertified
  • Circulated/Uncirculated: Uncirculated
  • Year: 2020
  • Type: Banknotes
  • Country: Zimbabwe
  • Condition: New, Uncirculated

    Description

    Dollar UNC Zimbabwe Currency Banknote - RTGS Dollar (2019-Present. AP)
    Specifications:
    Type: Banknote
    Year: 2020
    Country: Zimbabwe
    Continent: Africa
    Condition: New, Uncirculated
    Denomination:
    Quantity: 1/ea
    Total: Zim Dollars
    Description:
    Twenty dollar () current Zimbabwe currency UNC, 2020 RTGS (Real-Time Gross Settlement) banknote. Printed in 2020 as part of what the government in Harare termed a “cash infusion” for the economy, these notes supplement the 2016 bond notes as well as the bond coins, which were issued at various times in the 2010’s and remain in circulation.
    In fact, whether or not these notes actually constitute a different currency than the 2016 bond notes is a matter than can be debated, as the government in Harare has made conflicting statements that did little to offer clarity as to the status of one relative to the other. Both are in use today, and look virtually identical. The major difference is the absence of the text "bond note," and the fact that the 2016 release only came in and iterations, whereas the 2019-present set of banknotes includes a , and note.
    These notes are a major component of the legal tender native currency used in Zimbabwe as a medium of exchange today, replacing a basket of foreign currencies. It is Zimbabwe's first  real "currency" since the hyperinflation days of the late 2008-2009.
    Buyers who purchase multiple notes will receive notes with consecutive serial numbers plus at least one bonus note.
    History of the New Zim Dollar (from Wikipedia):
    "The RTGS dollar was introduced on 21 February 2019 as part of the February 2019 Monetary Policy that was enacted by the Governor of the Reserve Bank of Zimbabwe, John Mangudya. The currency was made up of bond coins, bond notes and RTGS balances. The original bond notes were introduced in 2016 to ease US Dollar cash shortages at the time. They were renamed RTGS dollars in 2019, and in June 2019 became the only legal currency in Zimbabwe, replacing the multi-currency system."
    "In February 2019, the RBZ Governor announced that the bond notes would be part of the "values" that make up the new currency to be added into the Zimbabwean market, the RTGS dollar along with the bond coins and electronic balances."
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